1. Overall Trend
The chart shows a clear downtrend from the left side (early November) with lower highs and lower lows.
After the major sell-off, price entered a range / accumulation zone around Nov 21–29.
2. Key Zones on the Chart
Red Zone (Supply / Resistance Area)
Price previously dropped sharply from this zone.
This means sellers are still strong above ~160–170.
Green Zones (Demand / Support Areas)
Two green rectangles indicate reaccumulation or demand zones.
Price bounced strongly from the most recent green zone (~130–135).
3. Current Price Behavior
SOL is slowly climbing after touching support.
Higher lows are forming → momentum is turning bullish, but still inside a range.
4. Market Structure
The downtrend is losing strength.
$SOL is building a base → This often signals a potential reversal.
Next Week Price Prediction
(Based on the structure shown in the chart)
If SOL holds above $132–$135 (the green support zone), the price may attempt:
Bullish Scenario
Target 1: $145
Target 2: $152
Target 3: $160 (strong resistance, difficult to break)
Bearish Scenario
If SOL breaks below $132, then:
Downside Target: $122–$125
Right now, the chart favours a slow bullish recovery unless support breaks.
